Swedish Stock Plans NASDAQ U.S. Listing in 2019
Swedish Stock Millicom Plans NASDAQ U.S. Listing on 2019 January 9
Millicom International Cellular SA is an international telecommunications and media company, founded by Shelby Bryan, Jan Stenbeck, Telma Sosa, and Olvin Galdamez. It offers a wide range of digital services to more than 51 million customers primarily under the Tigo brand in eleven markets in Africa and Latin America.
Headquarters: Luxembourg City, Luxembourg
CEO: Mauricio Ramos (Apr 1, 2015–)
Founded: March 1979, Sweden
Subsidiaries: Colombia Móvil, Tigo El Salvador, MORE
Parent organization: Kinnevik AB
Founders: Shelby Bryan, Olvin Galdamez, Telma Sosa, Jan Stenbeck
Millicom announced on Thursday that it filed an application to the US SEC for a listing on the Nasdaq Stock Exchange in New York!
If the application is approved, the Millicom share will begin trading on January 9 in the United States.
Millicom will continue to trade on the Stockholm Stock Exchange.
Millicom is currently yielding around 4,3% on the Swedish Stock. Thats quite a good dividend.
Everything around 3 and over in dividends is good for me if the stock is big and not growing much.
Will be fun to watch it play in the big USA with other wounderful stocks.
Some other Swedish Stock listed in the USA I have written about is: AUTOLIV INC.
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Source: Avanza, Nordnet, Swedbank